Is GST attract on Admission fee and application fee on loan charged by Cooperative Banks
This query is : Resolved
Shikha gupta
(Querist)
06 June 2025
Whether Cooperative banks can charge GST on admission fee charged by Bank on its member and on loan application
CA Ayush Agarwal
(Expert)
06 June 2025
why not? is there any exemption?..No.... definitely cooperative bank needs to charge GST on their any services provided unless that specified service is exempt, and mentioned one by you is taxable.
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